News Centre

EGX Signs MoU With October University Of Modern Sciences And Arts (MSA) For Financial Literacy

Date 01/11/2021

Dr. Mohamed Farid, Executive Chairman of the Egyptian Exchange, signed a memorandum of Understanding (MoU) with Dr. Khairy Abdel Hamid, President of October University of Modern Sciences and Arts (MSA), as part of EGX efforts to raise the financial literacy level of the Egyptian community and support economic growth.

Remarks By Secretary Of The U.S. Department Of The Treasury Janet L. Yellen At Joint Press Conference With Irish Finance Minister Paschal Donohoe

Date 01/11/2021

I am delighted to be here in Ireland, my first visit to the country as the United States Treasury Secretary. This is a special visit for me, highlighting the strong bond our two countries continue to share. A bond built on strong economic and cultural ties. A bond the United States is committed to preserving.

Monetary Authority Of Singapore: Operational Test Issuance Of Cash Management Treasury Bills On 3 November 2021

Date 01/11/2021

Reply To Singapore Parliamentary Question On Retail Investors’ Fund Outflows To Overseas Exchanges And Turnover On SGX

Date 01/11/2021

Question: 

To ask the Prime Minister (a) whether the Government tracks retail investors’ monthly fund outflows from Singapore that are invested into stocks and derivatives traded on overseas exchanges; (b) if so, what is the data for the past 12 months; (c) whether the Government has conducted any survey of the top three overseas exchanges used by Singaporeans to trade; (d) what is the Government’s assessment of the volume of trade turnover on SGX; and (e) what is being done to improve the turnover and make Singapore more attractive to investors. 

Dubai Financial Services Authority Decision To Impose Sanctions On Former La Tresorerie SEO, Gilles Rollet, Referred To Financial Markets Tribunal

Date 01/11/2021

The Dubai Financial Services Authority (DFSA) has today published a Decision Notice concerning action the DFSA decided to take against Mr Gilles Rollet, the former Senior Executive Director and a Licensed Director of La Tresorerie Limited, a DFSA Authorised Firm.

36% Decline In E-Commerce Fraud Rate Follows Increased Adoption Of 3DS: LexisNexis®

Date 01/11/2021

• A more than 600% increase in 3DS transactions in the past year corresponds with a 36% fall in e-commerce payment attacks according to the latest Cybercrime Report from LexisNexis® Risk Solutions 
• 3DS authentication process aims to reduce fraud and enhance security in online card payments, as part of the Europe-wide drive towards Strong Customer Authentication (SCA)
• A 21% increase in overall e-commerce transactions was driven in part by 182% growth in Buy Now Pay Later (BNPL) transactions

Companies On Shanghai Stock Exchange Main Board Disclose Third Quarter Reports

Date 01/11/2021

Recently, 1,651 companies listed on the main board of the Shanghai Stock Exchange (SSE) have completed the disclosure of their reports for the first three quarters of 2021. The data show that in the face of the complex situations at home and abroad, the companies on the SSE main board demonstrated strong resilience in development. With “stability” as the keynote, the companies maintained the momentum of high-quality development in production and operation, bolstering the sustained recovery and development of the national economy.

Preqin Announces Christoph Knaack As New CEO - Mark O'Hare To Continue Active Involvement On Preqin's Board

Date 01/11/2021

Preqin, the global leader in alternative assets data, tools, and insights, is today announcing that its Board of Directors has appointed Christoph Knaack, currently Preqin's Chief Strategy & Product Officer, as the company's CEO as of Jan. 1, 2022. Christoph will focus on leading Preqin through its next growth phase, as the company moves toward serving its customers through the entire private market investment lifecycle — from fundraising and investor relations to deal origination, due diligence and portfolio monitoring.

Emerald Technology Ventures Adopts Private Equity Servicing With Broadridge Blockchain Solution - Broadridge Private Market Hub To Provide Emerald And Northern Trust Greater Transparency And Efficiency In Managing The Private Equity Fund Lifecycle

Date 01/11/2021

Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader, and Northern Trust (Nasdaq: NTRS), a global leader in asset servicing, today announced that Emerald Technology Ventures will utilize the Broadridge Private Market Hub ecosystem to gain visibility and reduce transaction friction to interact in real-time on all Guernsey domiciled funds.

CloseCross Boosts The Derivatives Trading Experience With Polygon Switch

Date 01/11/2021

• MIFID licensed platform reduces costs for customers and cuts transaction times with move from Ethereum
• Multiparty derivatives platform enables users to trade without taking on leverage asset classes including crypto, stocks, indices, commodities and more in a non-custodial DLT setup